Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


‘Surprised’ Key had plenty of warning on unemployment

David
PARKER
Spokesperson for Finance

9 November 2012 MEDIA STATEMENT
‘Surprised’ Key had plenty of warning on unemployment

John Key has taken his eye off the employment ball, shown by his ‘surprise’ at the high unemployment numbers, says Labour’s Finance spokesperson David Parker.

“John Key was blindsided by the high unemployment figures. That’s not because they’re wrong, it’s because he took his eye off the ball.

“There has been plenty of warning.”
• On 18 October ANZ predicted unemployment would rise towards 7% after job advertisements dropped
• The performance of manufacturing index showed employment in that sector has been contracting for four months.
• The performance of services index showed the industry is contracting.
• New Zealand Manufacturers and Exporters Association Survey of Business Conditions showed confidence down to negative 33%
• NZIER Quarterly Survey of Business Opinion forecast growth down in the second half of the year.
• The Quarterly Employment Survey showed a drop in 2,800 full-time jobs for the last quarter.

“How can John Key be surprised when week after week, more redundancies are announced? ANZ weren’t surprised, manufacturers weren’t surprised, unions weren’t surprised, employers weren’t surprised, workers weren’t surprised.

“In fact anyone who read a newspaper or watched the news wasn’t surprised. John Key took his eye off the ball and is completely out of touch.

"All year John Key has been preoccupied with National's problems, and has not paid proper attention to what matters - the economy and jobs.


“John Key’s distractions this year have been many. The tea tapes, ACC, class sizes, John Banks’ donations, Dotcom, memory fades and most recently insults to sporting celebrities and others.

“Throughout the year the Government’s flagship economic initiative for this three year term - state asset sales - has gone increasingly awry, but was never going to grow the economy or jobs anyway.

“The cost of this mismanagement is clear.”


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Greens: Russel Norman To Stand Down As Co-Leader

Green Party Co-leader Dr Russel Norman has announced today that he will stand down as leader at the party’s Annual General Meeting in May. Dr Norman will remain as Co-leader and retain his finance and climate change portfolios until the AGM.

“After nearly a decade as Co-leader, now is a good time to find a new challenge for myself, and to spend more time with my family” said Dr Norman.

“This is my ninth year as Co-leader and I think it’s time for a change. Now is a good time for new leadership for the Party. My replacement will start from a strengthened base and will have a full parliamentary term to establish himself in the role and take the Greens into government in 2017." More>>

 

Gordon Campbell: On The Eleanor Catton Rumpus

If anyone was in doubt about the accuracy of the comments made in India by Eleanor Catton, the reaction from some quarters here at home has gone a long way to proving her point… More>>

ALSO:

More Rent Assistance, Less State-Owned Housing: John Key Speech - Next Steps In Social Housing

"We are going to ensure that more people get into social housing over the next three years, whether that is run by Housing New Zealand or a community provider. The social housing budget provides for around 62,000 income-related rent subsidies a year. We are committed to increasing that to around 65,000 subsidies by 2017/18, which will cost an extra $40 million a year." More>>

ALSO:

The Future Of Work: Andrew Little - State Of The Nation 2015

In 2005 when I led the EPMU we worked together with Air New Zealand to find a way to keep engineering jobs that were heading overseas. A lot of these workers were people I’d known for years and they were facing not just losing their jobs but not being able to find the kind of work they do without going overseas. A lot of people were facing personal and financial upheaval.... More>>

ALSO:

Gordon Campbell: On The Sabin Case, The Pressures On Greece And (Songs About) Coyotes

Mike Sabin is a National MP, and the current chairman of Parliament’s law and order committee. Yet reportedly, he is being investigated by the Police over an assault complaint... However, the PM will not comment on any aspect of the story. More>>

ALSO:

Houses, ISIS, King (& Catton): PM Post-Cabinet Press Conference

The Prime Minister met with reporters to discuss: • Social housing, the Auckland housing market • The prospect of joining international forces to combat ISIS • David Bain’s compensation • The lowering of the flag for the King of Saudi Arabia's death ... More>>

ALSO:

Gordon Campbell: On Tomorrow’s Speeches By John Key And Andrew Little

The Key government has already kicked off the political year on a stridently ideological note, with Environment Minister Nick Smith choosing to lay all manner of sins at the door of the RMA. Tomorrow, the government will wheeling out its best salesman – Prime Minister John Key – to sell its plans for state housing… . More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news